Innovation articles

20 07, 2021

Disruption is not a strategy

By |2021-07-20T17:41:43+02:00July 20th, 2021|Innovation|0 Comments

If you ask a number of startups what they are hoping to achieve, undoubtedly you will encounter one that is going to "Disrupt" their industry. Disruption is what Uber, Airbnb, Amazon and the iPhone did to their industries. Disruption is cool. Disruption is sexy. And unfortunately, hardly any of these companies even know what disruption [...]

16 07, 2021

What is exponential growth in technology?

By |2021-07-16T16:10:55+02:00July 16th, 2021|Innovation|0 Comments

Some technology seems to improve gradually over time, and continuously get incrementally better through small steps. We call this incremental innovation. But what about technology which seems to be improving at incredibly fast rates? Well, this might be due to exponential growth, and is especially likely to happen with newer technologies. Exponential growth means that [...]

13 07, 2021

The 6 core skills every innovator needs

By |2021-07-13T19:09:54+02:00July 13th, 2021|Innovation|0 Comments

In order to succeed as a professional innovation manager, you need a variety of skills. And these skills are only going to become more valuable in the coming decades as companies realise that they are required for future growth. From being able to manage bureaucracy to coming up with ideas in the first place, here [...]

9 07, 2021

Kill a stupid rule: an amazing way to reduce red tape

By |2021-07-09T15:15:45+02:00July 9th, 2021|Innovation|0 Comments

A few years ago I had a very interesting discussion with Lisa Bodell, CEO of Futurethink and bestselling author of innovation books Kill the Company and Why Simple Wins. She told me about how most employees waste far too much time in meetings and answering emails. They were too busy to get any real work [...]

1 07, 2021

The strongest trees grow against the wind

By |2021-07-01T17:26:23+02:00July 1st, 2021|Innovation|0 Comments

If you compare a houseplant which has grown indoors to a similar plant which has grown outside, you will see that the plant outside has a stronger stem. This is because while the indoor plants have been protected from the elements and grown up in calm, peaceful air, the plants outside have had to grow [...]

28 06, 2021

Using a “budget pool” to reduce the cost of innovation

By |2021-06-28T17:46:59+02:00June 28th, 2021|Innovation|0 Comments

We have previously spoken about the value of using an innovation pipeline as part of of your innovation strategy. This way, more projects can be tested at lower costs, with only the ones with validated potential getting further funding to continue. But how do you actually reduce the costs of the projects in the first [...]